YEARLY HIGH
9.3123 KRW
YEARLY LOW
8.4754 KRW
YEARLY AVERAGE
9.0155 KRW

2021 ISK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 9.3123. Conversely, the yearly low was recorded on January 20, dropping to 8.4754.

This high-to-low spread represents a total annual volatility of 0.8368 KRW. From a start-to-finish perspective, comparing the January average rate of 8.5556 to the December average rate of 9.1041, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.3123 was down 4.23% compared to the 2020 peak of 9.7232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 46,561 KRW
2020 Average 43,641 KRW
Yearly Trough Low 42,377 KRW
Transaction Impact: A difference of 4,184.24 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.2708
8.4906
JanuMarcMayJulySeptNove

ISK to KRW Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: JanтАУJun) was 8.8810, compared to 9.1500 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.2690 points.

H1 Avg (JanтАУJun) 8.8810
H2 Avg (JulтАУDec) 9.1500

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.3641 KRW (High: 9.0405 / Low: 8.6765). On the other end, June was the most stable month, with a tight range of 0.1384 KRW (High: 9.2733 / Low: 9.1348).

March Spread (Volatile) ┬▒0.3641
June Spread (Stable) ┬▒0.1384

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0777 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 9.2057) against the same month in 2020 (average: 8.6694), the exchange rate shifted by +0.5364 (+6.19%).

2021 Avg (July) 9.2057
2020 Avg (July) 8.6694

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 8.6963 8.4754 8.5556
February 8.8801 8.5519 8.6688
March 9.0405 8.6765 8.8777
April 9.0621 8.7945 8.8852
May 9.2817 8.9264 9.1007
June 9.2733 9.1348 9.1977
July 9.3123 9.1140 9.2057
August 9.3115 9.0944 9.2000
September 9.2623 9.0742 9.1536
October 9.2701 9.0323 9.1571
November 9.2516 8.9108 9.0794
December 9.1691 9.0132 9.1041